CoinVoice has recently learned that, according to The Block, Euphoria, a crypto derivatives trading application based on MegaETH that is currently in development, has completed a $7.5 million seed round financing, led by Karatage, with Figment Capital and Robot Ventures (both early-stage co-lead investors) participating in the round. Other participants include Bankless Ventures, First Commit, Hash3, Comfy Capital, and Kosmos Ventures, along with over 100 angel investors. Nathan Worsley, co-founder and CEO of Euphoria, stated that this $7.5 million financing includes a $2.5 million pre-seed round completed in November 2024 and a $5 million seed round completed between February and July of this year. The financing uses a Simple Agreement for Future Equity (SAFE) and comes with token warrants, and after the financing, Euphoria's post-money valuation reaches "eight figures upper limit." It is reported that Euphoria is developing a mobile app aimed at simplifying crypto derivatives trading (such as options and perpetual contracts), making it easier for ordinary users to get started. Worsley mentioned that the idea stemmed from his experience of failing to explain derivatives trading to friends. He realized that most people do not bother to learn about order books or margin operations. Therefore, Euphoria is creating a "one-touch trading" interface that allows users to place bets through simple steps, bypassing traditional technical complexities. Its goal is to lower the participation threshold by making derivatives trading intuitive and easy to understand. [Original link]